Cost Of Living in Perry Hall, MD

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C-

20%

Overall NAT. AVG.

5%

Groceries NAT. AVG.

49%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Perry Hall	Maryland	National
Cost of living	120	121	100
Groceries	105	105	100
Health care	109	109	100
Housing	149	151	100
Transportation	108	109	100
Utilities	104	108	100
Lifestyle & Entertainment	110	109	100
Household Items	103	105	100
Education & Childcare	110	112	100

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Homes For Sale In Perry Hall, MD

9905 Magledt Rd

Parkville, MD

23 Laurel Path Ct Unit 6-23

Nottingham, MD

2 Morn Mist Ct

Parkville, MD

12 Redding Ct

Nottingham, MD

An Overview of Cost of Living in Perry Hall, MD

Knowing the cost of living in Perry Hall allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Perry Hall stands at 120, marking it 20% higher than the national average.

Housing costs significantly influence the Perry Hall cost of living index, typically accounting for a substantial portion of one's post-tax income. Regrettably, within this particular region, expenses related to both residential ownership and renting exceeded those observed in an average city by 48.5%. This entails elements such as housing and rental prices, mortgage interest rates and insurance costs.

Is Perry Hall Affordable?

Is Perry Hall an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Perry Hall is 46.8% higher than the national average, while the average monthly rent prices are 52.6% higher than average. The affordability of any location can also be influenced by median income levels. Perry Hall has a median household income of $138,455, which is 70.2% higher than the national average.

What Factors can Influence the Cost of Living in Perry Hall?

Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.

Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas offering fewer subsidies may experience a rise in their cost of living.

Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Perry Hall, the groceries index is 5.3% higher than the national average.

Where is the Data From?

The cost of living estimates displayed for Perry Hall are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.

Cost Of Living Quick Facts

The cost of living in Perry Hall is 1% lower than the Maryland average
The cost of living in Perry Hall is 20% higher than the national average
Perry Hall housing is 49% higher than the national average
Maryland general sales tax is 18% higher than the national average
Maryland state income tax is 23% lower than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$144,351	$12,029	$3,368	$4,331
Renters	$99,030	$8,253	$2,311	$2,971

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Perry Hall, MD, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Perry Hall homeowners, is $144,351. This would allow for a maximum of $3,368 per month to be spent on housing costs. For renters, the median monthly income is $99,030 which would result in a maximum of $2,311 to be spent on rental costs.

Maryland Sales Tax

State	General Sales Tax	With Max Surtax
Maryland	6%	6%

Maryland Income Tax

State	Income Tax (Low)	Income Tax (High)
Maryland	2%	5.75%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Bel Air CDP, MD	1,421	100	0.1%
Dundalk, MD	65,241	106	5.9%
Lansdowne, MD	8,964	104	4.0%
Baltimore, MD	621,744	108	7.9%
Perryman, MD	2,461	107	6.6%
Perry Hall, MD	28,466	120	19.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Garfield Heights, OH	28,463	83	16.5%
Wasco, CA	28,473	110	10.1%
Huntley, IL	28,474	112	12.0%
Tualatin, OR	28,448	138	38.2%
Big Spring, TX	28,488	88	12.3%
Perry Hall, MD	28,466	120	19.5%

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.